Europe’s Green Deal and the 2030/2050 agenda of the European Union (EU) represent the biggest challenge and opportunity Nippon Gases Europe faces in the years ahead.

It is also an ‘especially exciting’ development for Europe and will ‘change many industries forever’.

That’s the view of Eduardo Gil Elejoste, President of Nippon Gases Europe, expressed in the company’s recently released Sustainability Report for the fiscal year ending March 2021.

The report outlines the impact that the company and its solutions have on the environment and in the communities where they operate. This includes following the United Nations’ Sustainable Development Goals (SDGs) as the blueprint to achieve a better and more sustainable future for all.

The report was compiled in accordance with the guidelines of the Global Reporting Initiative (GRI) and completed and published earlier this week (20th July).

In a year dominated by the effects of the global pandemic, Nippon Gases exceeded most of its environmental, social and governance targets covering the three areas related to its philosophy – Proactive, Innovative & Collaborative – as well as the pillars of its strategy and the purpose behind its sustainability agenda: Making life better through gas technology.

Iñaki Uriarte, Sustainability & HSEQ Director of Nippon Gases, reflected in the announcement of the report, “We see sustainability as a cornerstone of our business strategy for our stakeholders are the main focus of our Environmental Social and Governance (ESG) initiatives.”

Uriarte features as one of many key stakeholder interviews within the report and within that, highlights the company’s commitment to reducing greenhouse gas emissions in the period from FYE 2019 – FYE 20209 as a particularly pertinent ESG.

“If I had to highlight one ESG initiative for this year, it would be our commitment to reducing GHG emissions in the period FYE2019-FYE2029, by 35% vs FYE2019 absolute emissions. This has been a consolidated agreement after consulting all European businesses,” he says in the interview.

“It will position our company ahead of the European Green Deal and EU 2030/2050 agenda towards a carbon neutral economy.”

Nippon Gases Europe _ Eduardo Gil

Source: Nippon Gases Europe

The Green Deal

The much-publicised Green Deal in Europe is seen as a major area of challenge and opportunity for Nippon Gases Europe.

Indeed, it was during his official Opening Keynote talk at gasworld’s Europe Industrial Gas Summit 2021 that Elejoste enthused, “2030 is one of the most mentioned milestones lately with the 2030/2050 climate objectives of the European Union, which mean a 55% reduction of CO2 emissions by 2030 and neutrality by 2050 with a basis in 1990.”

“A very relevant executive of our industry said not so long ago, with the industrial gases are part of the solution to get there, too. Today, they are part of the solution and we have been part of the solution for many years already.”

“We, the industrial gases companies, know the properties of CO2 (carbon dioxide) and hydrogen, and know how to deal with them in a safe and efficient way, thus allowing us to bring this knowledge to the CO2 emitters as well as to all those that will be using hydrogen in the future to reduce their carbon footprint. We, the industrial gases companies, have been implementing technologies at many different industries with the objective of reducing combustion emissions already before I joined this industry, and that is a long while ago.”

“And we, the industrial gases companies, have been providing technologies for water and wastewater treatment, as well as many other industrial gases applications, to reduce energy consumption and or reduce the need for increased capacity and consequently reduce carbon footprint for the end users. So, we have been helping to help our hundreds of thousands of customers to reduce our carbon footprint and consequently we are helping the society as a whole.”

In his Message from the President foreword to the company’s new sustainability report, Elejoste emphasises, “…the biggest challenge and opportunity we, as a company, are facing, and this is especially exciting in Europe, is all that has to do with the Green Deal and the 2030/2050 agenda of the European Union.”

“The Green Deal will mean that extraordinary amounts of funds are being made available in a relatively short period of time. The Green Deal is ultimately going to change many industries forever…Nippon Gases is perfectly positioned to provide solutions for the challenges ahead, so that we see the Green Deal as a major opportunity compared to its potential threats.”

“And the Green Deal starts in Europe so that, after many years, in which industrial investment in Europe was comparatively low compared to other regions of the world, especially compared with Asia or the Middle East, now we will see a reverse trend. The pandemic has also shown, that having too much essential production away from Europe also has its downsides.”

About Nippon Gases

Nippon Gases is one of the leading industrial and medical gases companies in Europe, and part of the Nippon Sanso Holdings Corporation, which has over 100 years of experience and also boasts a major presence in Japan, Southeast Asia, Australia, the US and Canada, operating in 29 countries with more than 20,000 employees around the world.